News
ETF roundup
ETF roundup
Index roundup
Index roundup
Metals indexes give precious performance
It has been a good start to the year for industrial and precious metals, reflecting increasing optimism towards commodities. ETF providers have responded to bullish sentiments with the launch of both broad commodity- and sector-targeted funds
Dealers agree standard index CCDS documentation
The development of an index CCDS product will help market participants hedge counterparty risk, say proponents
Macquarie may close structured products business in Europe
Macquarie is considering shutting its structured products and exotics business in Europe as a result of unfavourable market conditions. The alarm bells were sounded were last December, when Todd Steinberg, global head of structured products left the bank
Energy trading system provider Brady acquires Navita, Syseca
Technology provider Brady will be expanding its presence in energy trading and risk management technology through the purchase of Navita Systems and Syseca
Trading positions - people moves in energy risk management
Energy Risk -Trading positions – February 2012
Remit guidance requires more specific definitions
Remit guidance requires more specific definitions
Africa leads the trend towards fuel subsidies removal
Africa leads the trend towards fuel subsidies removal
Corporate backlash on costs of regulation continues
Banks will not be able to avoid passing on the hefty costs of regulatory reform to their buy-side clients, argued participants at the ACI UK’s annual square mile debate
Tri-party repo taskforce to disband without delivering key reform
The New York Fed's concerns about intra-day credit should be tackled by JP Morgan, BNY Mellon and DTCC, an industry taskforce concludes
European capital rules could squash CVA feedback loop
European capital rules could squash CVA feedback loop
Eurex to offer full segregation in March launch of OTC clearing
Eurex Clearing plans to be the first OTC clearer to offer full segregation of collateral when it launches in March - demand has risen since MF Global collapse
New Prime Finance panel could tackle debt crisis disputes
An arbitration panel set up to tackle derivatives disputes could also tackle eurozone debt crisis issues, says Jeffrey Golden, architect of the Isda master agreement
People: SG CIB promotes Mianné and Fields
Mianné lands the deputy CEO role at SG CIB, with Fields replacing him as head of global markets - but the bank loses David Knott; JP Morgan's Zubrow gets regulatory affairs post; Jotwani leaves Nomura, with Ashley and Assi promoted
US omitted from second wave of equivalence assessments
New approach needed for US, says European Commission, as seven countries identified for assessment
Top CROs worry about Basel III consistency
A new research report published this month by Risk reveals that CROs at the world’s largest banks are worried about the consistency of Basel III rules
UBS chairman steps down
Kaspar Villiger will leave the bank in May
UBS could 'get slammed' by FSA enforcement investigation
The FSA announces commencement of its formal investigation that could see UBS 'get slammed', according to one legal expert
Former MF Global CRO Stockman a 'yes man', Congress charges
Stockman hired after Roseman dismissed for raising liquidity risk concerns, a congressional committee hears
Eiopa chairman raises concerns over Solvency II delays
Bernardino urges rapid vote on Omnibus II and a clear Solvency II timetable
Icap’s forex e-trading platform to offer outright forwards
Icap’s forex spot and NDF electronic platform, EBS, is looking to diversify into outright forwards and other services this year
In with Inès de Dinechin and out with Laurent Seyer at Lyxor
Laurent Seyer leaves Lyxor Asset Management for Axa Investment Management, where he will start as head of investment solutions in May. Seyer is replaced as Lyxor chief executive by Inès de Dinechin
Adoboli plea will complicate trial, say lawyers
'Not guilty' plea could be stalling tactic or attempt to spread guilt, lawyers say